Resource on Understanding Money and Finance

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97 Percent Owned” is a new one hour video produced by the Positive Money research and campaign group in the U.K.  Pat Conaty of BALTA’s Finance Research Cluster recommends it as a good educational resource on how money is created and how this underpins the escalating growth of the economy, house price inflation and soaring debt levels.

Pat says:  “I would suggest circulating this to Finance Research Cluster members as it shows well the Catch 22 trap we are all in. This is not to say that Positive Money is the silver bullet but without understanding this aspect fully (no matter how hard it is to overcome), the FRC work will be not be taking in the full picture.”

Watch the video.

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